SCHEDULES

SCHEDULE 4The Competition and Markets Authority

PART 1General

Remuneration etc of members

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1

The CMA must pay to its members such remuneration, allowances and expenses as the Secretary of State may determine.

2

The CMA must pay or make provision for the payment of such pension, allowances or gratuities as the Secretary of State may determine to or in respect of a current or former member.

3

If a person ceases to hold an office to which he or she has been appointed under paragraph 1, and the Secretary of State decides that there are special circumstances which mean that the person should be compensated, the CMA must pay compensation to the person of such amount as the Secretary of State may determine.